DOES ANYONE HAVE EXPERIENCE IN FINDING A GUARANTOR FOR AN SBA LOAN?

I’m hoping to make my first acquisition before the end of the year in the healthcare space. I spoke to someone recently who helps entrepreneurs get SBA loans—he said I need to find someone with 1 year experience in my particular niche to guarantee the loan in order to make the deal happen. However, I don’t know anybody personally in this space, and although I’m reaching out to industry experts to become advisors for my company, I’m struggling to imagine a situation in which someone I don’t have a pre-established relationship with would be willing to sign the personal guarantee—has any navigated this process before?



share: